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A Critical Evaluation Of U.S. Fair Trade Policy, George Kleinfeld
A Critical Evaluation Of U.S. Fair Trade Policy, George Kleinfeld
Vanderbilt Journal of Transnational Law
This article utilizes economic analysis to critique fair trade rhetoric and expose the inconsistencies and protectionist consequences of United States antidumping and antisubsidy laws. Proposed reforms deemphasize the ambiguous concept of fair trade, and focus instead on balancing the conflicting economic interests at issue in most trade disputes. Between the elusive, impractical ideal of unfettered free trade and the protectionist objective of strict "fair trade" sanctions, lies a principled middle ground toward which trade policy-makers should be urged to gravitate.